Cheap Homes for Rent in Forest Manor Neighborhood of Indianapolis, IN from $600 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Manor area of Indianapolis.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Forest Manor - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Forest Manor, Indianapolis, IN Local Guide

Cheapest Available Forest Manor Apartments for Rent

 

The cheapest available apartment rental in the Forest Manor area of Indianapolis, IN is a 3 Beds unit found at East Village at Avondale Meadows Apartments priced from $662. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsC13BR,2BA$662
Hopeside I2.2-50%2BR,2BA$745
Heritage ApartmentsHeritage Apartments - 1 Bed/1 Bath1BR,1BA$849
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$860
Kingston Square ApartmentsThe AshStudio,1BA$879
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$903
Willow BrookOne Bedroom One Bath1BR,1BA$975
A/62LePetit1BR,1BA$975
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1,044
The Meadows1 Bedroom 730sf1BR,1BA$1,167

Best Value Apartments for Rent in Forest Manor, IN

As of May 12, 2025 the best value apartment in the Forest Manor area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Forest Manor apartment is the 2.2-50% Model at Hopeside I starting at $745 with a $0.81 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Forest Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2Ba Den W/D Up2BR,2BA$1.14
Hopeside I2.2-50%2BR,2BA$0.81
Harbour PointeThe Hideaway1BR,1BA$1.43
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
The Meadows1 Bedroom 730sf1BR,1BA$1.60
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Willow BrookOne Bedroom One Bath1BR,1BA$1.39
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.32
Heritage ApartmentsHeritage Apartments - 1 Bed/1 Bath1BR,1BA$1.25
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$1.29

Quick Rent Budget Calculator

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Frequently Asked Questions about Forest Manor

What type of rentals are currently available in Forest Manor?

There are currently 86 Apartments for Rent in Forest Manor, IN with pricing that ranges from $360 to $4,040. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Manor ranging from $694 to $2,350.

What is the current price range for Rental Homes in Forest Manor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Manor ranges from $694 to $2,350 with an average monthly rent of $1,382.

How much are larger Three and Four Bedroom Rentals in Forest Manor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Manor range from $1,350 to $4,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,655.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.